LPG cylinder price hiked across India for the second time

LPG cylinder price hiked across India for the second time

The price of non- subsidised liquefied petroleum gas (LPG) has hiked across India, this coming in times where the prices of diesel and petrol are already rising every other day. the hike in the price of the LPG would add on to the load and stress that people are going through.

The COVID-19 pandemic has already taken a toll on people’s lives. Many are running out of their savings and a lot of them have also lost their jobs due to the pandemic. This rise in the price would make it difficult for people, most of the families depend upon the 14.2 kilograms LPG cylinder for cooking. From 1st July Indian Oil’s non-subsidised LPG cylinder will cost Rs.594 in Mumbai and Delhi, Rs.620.50 in Kolkata and Rs. 610.50 in Chennai.

The price has been hiked by 3.5rs in Mumbai. Last month the cost of the LPG gas in Mumbai was Rs. 590.50 which was raised by Rs. 11.50. The price of the LPG cylinder is usually revised by the authorities on a monthly basis. The last time it was revised on 1st May 2020.

The government of India subsidises 12 cylinders of 14.2kg every year per household, the government transfers the subsidy amount to the people eligible. Once a particular household has used the 12 cylinders of 14.2kg at the subsidised price. They have to buy the LPG gas cylinders at the non-subsidised price.

Even at the very beginning of the pandemic people turned to unauthorised sources to buy the cylinders at relatively higher prices and this, in turn, would just add on to their hardships.

On one hand, where people are finding it difficult to pay their bills, rents and EMI’s the rise in the LPG will end up adding on to the stress.

MumbaiLive would like to send you latest news updates